European Central Bank faces questions on stimulus, Greece

Staff Writer
Columbus CEO

NICOSIA, Cyprus (AP) — The European Central Bank will face questions on the details of its bond-buying stimulus program when it holds a policy meeting and press conference Thursday.

At its latest meeting it is expected to discuss the final details of the program that it announced in January and is due to start this month.

It will also face questions on Greece's financial crisis, in particular the emergency support it is giving the country's banks and whether it would consider renegotiating some of the debt owed by the government.

At the meeting, to be held in Nicosia, the capital of the Mediterranean eurozone state of Cyprus, the central bank is expected to keep its interest rates on hold.